$SHELL /USDT:
$SHELL /USDT BULLISH TECHNICAL ANALYSIS
Current Price: 0.1195 USDT
Key Levels:
Support: 0.1132 – strong demand zone, previous bounces observed here.
Resistance: 0.1216 (short-term), 0.1300 (next key level), 0.1400–0.1500 (major swing highs).
Market Structure:
$SHELL/USDT is showing bullish momentum after bouncing from 0.1132 support. Buyers are stepping in, and if the price breaks above 0.1216, the next resistance levels at 0.1300 and 0.1400 could be tested.
Trade Setup (Bullish):
Entry: 0.120 – on confirmation above 0.1216
Target 1: 0.1300
Target 2: 0.1400
Stop Loss: 0.112 – below key support
Risk Management:
Risk 1–2% of total trading capital per trade.
Partial profit booking at 0.1300 is recommended to secure gains.
Summary:
$SHELL/USDT shows bullish bias with key support at 0.1132. A breakout above 0.1216 could push the price toward 0.1400–0.1500. Watch resistance zones closely for signs of selling pressure.
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